Strate secures South Africa’s first Trade Repository licence

Strate, South Africa’s central securities depository, has been granted a licence to operate as the country’s first Trade Repository (TR) by the Financial Sector Conduct Authority (FSCA), following concurrence from the Prudential Authority (PA). This landmark development marks a significant milestone in South Africa’s commitment to global financial market reforms.

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Euroclear and Strate collaboration delivers automated movement of dual-listed securities in South Africa

Euroclear Bank and Strate, South Africa’s principal central securities depository (CSD), have successfully implemented a capability for dual-listed equities that provides value to both issuers and investors. Recognised locally and internationally as an important financial market infrastructure (FMI), Strate has been a key component of the South African financial market ecosystem for over 25 years, responsible for delivering services critical to the smooth functioning of the capital markets.

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